Hills Bank & Trust Co

Est. AUM

$1.98B

13F long equity only

Positions

345

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	SPDR SERIES TRUST	STATE STREET SPD	$271.2M	3,543,668	13.70%	SOLE
2	VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	$143.9M	2,244,861	7.26%	SOLE
3	STATE STR SPDR S&P 500 ETF T	TR UNIT	$132.5M	203,711	6.69%	SOLE
4	AMERICAN CENTY ETF TR	AVANTIS US LARG	$92.1M	1,187,749	4.65%	SOLE
5	SPDR SERIES TRUST	STATE STREET SPD	$76.5M	1,292,578	3.87%	SOLE
6	FEDERATED HERMES ETF TRUST	HERMES TOTAL RET	$71.5M	2,842,333	3.61%	SOLE
7	STATE STR SPDR S&P MIDCAP 40	UTSER1 S&PDCRP	$70.1M	113,645	3.54%	SOLE
8	VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	$60.5M	1,119,874	3.06%	SOLE
9	SPDR INDEX SHS FDS	S&P GBLINF ETF	$57.9M	761,668	2.92%	SOLE
10	INVESCO EXCH TRD SLF IDX FD	BULSHS 2026 CB	$57.1M	2,921,411	2.88%	SOLE
11	INVESCO EXCH TRD SLF IDX FD	BULSHS 2027 CB	$52.0M	2,647,853	2.62%	SOLE
12	INVESCO EXCH TRD SLF IDX FD	INVSCO BLSH 28	$50.6M	2,479,546	2.56%	SOLE
13	INVESCO EXCH TRD SLF IDX FD	BULETSHS 2029	$45.7M	2,451,202	2.31%	SOLE
14	INVESCO EXCH TRD SLF IDX FD	INVSCO 30 CORP	$43.8M	2,619,718	2.21%	SOLE
15	INVESCO EXCH TRD SLF IDX FD	BULETSHS 2031 CP	$43.2M	2,622,644	2.18%	SOLE
16	NVIDIA CORPORATION	COM	$39.3M	225,407	1.99%	SOLE
17	APPLE INC	COM	$31.8M	125,116	1.60%	SOLE
18	ALPHABET INC	CAP STK CL C	$29.8M	103,711	1.50%	SOLE
19	FLEXSHARES TR	MORNSTAR UPSTR	$28.2M	511,578	1.42%	SOLE
20	MICROSOFT CORP	COM	$23.9M	64,525	1.21%	SOLE
21	VANGUARD BD INDEX FDS	TOTAL BND MRKT	$21.5M	291,299	1.08%	SOLE
22	J P MORGAN EXCHANGE TRADED F	INTL BD OPP ETF	$20.0M	417,768	1.01%	SOLE
23	DIMENSIONAL ETF TRUST	INTL CORE EQUITY	$16.3M	459,090	0.82%	SOLE
24	JPMORGAN CHASE & CO	COM	$15.7M	53,422	0.79%	SOLE
25	INVESCO EXCH TRD SLF IDX FD	BULSHS 2029 MUNI	$15.2M	659,279	0.77%	SOLE
26	ISHARES TR	MSCI EAFE ETF	$14.6M	150,312	0.74%	SOLE
27	SPDR SERIES TRUST	STATE STREET SPD	$14.0M	247,360	0.71%	SOLE
28	PROCTER & GAMBLE CO	COM	$11.6M	80,114	0.58%	SOLE
29	ISHARES TR	IBONDS DEC 27	$11.3M	443,458	0.57%	SOLE
30	FASTENAL CO	COM	$11.3M	243,075	0.57%	SOLE
31	AMAZON COM INC	COM	$11.2M	53,792	0.57%	SOLE
32	ISHARES TR	IBONDS DEC 28	$10.2M	397,905	0.51%	SOLE
33	INVESCO EXCH TRD SLF IDX FD	INVSC 30 MUNI BD	$10.1M	460,879	0.51%	SOLE
34	INVESCO EXCH TRD SLF IDX FD	BULLETSHS 31 MUN	$10.0M	479,643	0.51%	SOLE
35	ISHARES TR	IBONDS DEC 26	$10.0M	390,183	0.50%	SOLE
36	HOME DEPOT INC	COM	$9.6M	29,270	0.49%	SOLE
37	COSTCO WHOLESALE CORPORATION	COM	$8.0M	7,998	0.40%	SOLE
38	JOHNSON & JOHNSON	COM	$7.7M	31,611	0.39%	SOLE
39	INTERCONTINENTAL EXCHANGE IN	COM	$7.5M	47,610	0.38%	SOLE
40	META PLATFORMS INC	CL A	$7.3M	12,691	0.37%	SOLE
41	EXXON MOBIL CORP	COM	$7.1M	42,138	0.36%	SOLE
42	MASTERCARD INCORPORATED	CL A	$6.4M	12,815	0.32%	SOLE
43	MCDONALDS CORP	COM	$6.2M	19,947	0.31%	SOLE
44	KLA CORP	COM NEW	$6.0M	4,087	0.30%	SOLE
45	ILLINOIS TOOL WKS INC	COM	$6.0M	22,957	0.30%	SOLE
46	PALO ALTO NETWORKS INC	COM	$6.0M	37,129	0.30%	SOLE
47	INVESCO EXCH TRD SLF IDX FD	BULSHS 2028 MUNI	$5.8M	246,890	0.29%	SOLE
48	ISHARES TR	CORE S&P SCP ETF	$5.8M	46,331	0.29%	SOLE
49	TJX COS INC NEW	COM	$5.6M	35,361	0.29%	SOLE
50	INVESCO EXCH TRD SLF IDX FD	BULSHS 2027 MUNI	$5.5M	230,415	0.28%	SOLE

1–50 of 345

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Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.